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Rick Ratchford wrote:
>
> Greetings Hog Ranchers of the World!
>
> Sorry for he drop in Hog prices....NOT! <g>
>
> I'm going to share now with all you here a little more research I've
> done with Hogs. I am not going to say this will happen, but if it
> does, then I'll go ahead and take all the credit. Fair enough? :)
>
> There is TRIPLE TTC FORMATION CONVERGENCE due to hit on 10/6/97! Note
> the three calculations done on TTC below.
>
> -----------------------------------------------------------------------
> (FIB) V Formation - Dec Hogs for 10/6 NOTE L4
> Target Date: 10-6
>
> Formation Dates : 9-3 9-11 9-17
> Formation Prices : 68.55 65.45 67.8
>
> Target Date Levels: L1-65.24 L2-64.08 L3-63.02
> L4-61.82 L5-60.12 L6-56.67
>
> Fib Range Levels : 66.90 66.63 66.35 66.00
> -----------------------------------------------------------------------
> -----------------------------------------------------------------------
> (FIB) V Formation - Dec Hogs for 10/6 NOTE L4
> Target Date: 10-6
>
> Formation Dates : 8-25 8-26 9-3
> Formation Prices : 67.775 66.175 68.8
>
> Target Date Levels: L1-70.21 L2-67.93 L3-65.39
> L4-61.82 L5-54.73 L6-21.37
>
> Fib Range Levels : 66.90 66.63 66.35 66.00
> -----------------------------------------------------------------------
> -----------------------------------------------------------------------
> (FIB) V Formation - Dec Hogs for 10/6 NOTE L3
> Target Date: 10-6
>
> Formation Dates : 4-24 6-12 7-11
> Formation Prices : 73.35 65.85 71.9
>
> Target Date Levels: L1-66.69 L2-64.10 L3-61.76
> L4-59.14 L5-55.47 L6-48.20
>
> Fib Range Levels : 69.59 68.88 68.16 67.28
> -----------------------------------------------------------------------
>
> Well I'll be a plummers mallet! Now, this is just what the doctor
> ordered, advanced notice of a 'possible' bottom area for 10/6.
>
> Now, you want some other really nice bits of Fiboganni information?
> How about this.
>
> Take the VERY TOP at 73.90 and subtract the very first major bottom it
> found, that being 65.85. The total move down was 8.05 points. Now,
> take 50% of that and you get 4.025. Take 4.025 and extend that down
> from our bottom of 65.85, and what do we get?
>
> 61.825!!!!!!
>
> Now, this is what I am expecting if we keep moving down till 10/6.
> Should I expect this? You bet! My cycle analysis tells me to expect a
> cycle turn on 10/6, and it is also a WEELY turn as well, although it
> is expected to only last 2 maybe 3 weeks at the most when it comes
> up.
>
> Okay...TIMESTAMP.
>
> cheers!
> :)
> rick
>
>
Rick,
Mars conjuncts Pluto after the 10/3 close (weekend). That is an
aspect for a change in trend in Hogs. You may want to read about Pluto
and its market in the 1997-98 Forecast & Trading Manual, for which you
generously
wrote a very positve review. The bottom line here is that the planets
are saying heads up for Hogs for the close of 10/3 or the opening of
10/6. The ideal would be for a panic down 10/2-3. Then you could buy
a lower opening on 10/6 if near support.
Synchronicitally,
Norman
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